The President of the Federal Reserve Bank of Minneapolis, Neel Kashkari, criticised the cryptocurrency industry on February 19, describing digital assets as utterly useless and defined by word salad marketing instead of functional utility. Kashkari attended the 2026 Midwest Economic Outlook Summit, in which he questioned the fundamental value proposition
Parsec, an AI-powered on-chain analytics platform, announced on February 19 that it is closing its operations after five years in business. The crypto market continues to struggle months after the October crash, which has led to several companies shutting down their operations. After 5 years, parsec is shutting down. Not
Aave has become the first platform in the sector to surpass $1 billion in real-world asset (RWA) deposits. Which is a decentralized protocol that allows users to borrow and lend crypto without a middleman. Aave is the first lending protocol with over $1 billion in RWAs deposited. pic.twitter.com/H9d4Nh0Aol — Aave
As of 20th February, with a 1.10% spike in the crypto market, most of the digital assets are charted in brief green. Still, the red trait is seen, and the largest asset, Bitcoin (BTC), is one step up from the former support zone, hovering at $67.7K. The largest altcoin, Ethereum
CoinDCX, which is a Mumbai-based Indian exchange, has announced an Rs.111 crore ($12.24 million) Employee Stock Ownership Plan buyback, which benefits more than 500 current and former employees to convert part of their company shares into cash. Sumit Gupta, co-founder of CoinDCX, has made an announcement on LinkedIn about the
While analysts assess Ethereum’s long-term growth prospects, investor interest remains strong. The network is still fighting to reach its full potential, with projections suggesting it could achieve up to 5× gains; on the other hand, Ozak AI is gaining traction as a high-growth challenger. As demand for AI-based utility-driven tokens
With extreme fear hanging in the crypto market, the bears are gaining more power day by day. The total market cap is resting at $2.3 trillion, after a modest loss. Bitcoin (BTC) and Ethereum (ETH) are the largest dominant assets, which attempt to escape the bear market. Among the altcoins,
The Aptos Foundation has introduced a major proposal to change its native token APT’s work structure. This aims to reduce inflation and to control the token supply. Aptos says that the change would replace its early “Bootstrap system” with a structure that mainly focuses on the usage, transaction fees, and
San Francisco Federal Reserve President Mary Daly has sought to further lower inflation. The statement aligns with the target range of 2%. But, it goes on to raise a question if there will be a rate cut, considering that it affects investment appetite in cryptocurrencies. US markets last closed higher,
This morning, the market opened with a 1.46% slip. The broader sentiment still lingers in extreme fear, with most of the crypto assets charted in red, and some in green. Both the largest tokens, Bitcoin (BTC) and Ethereum (ETH), are trading on the downside. Meanwhile, Solana (SOL), one of the
